Legal Direction

Legal Direction

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What is Limited Liability? 01/25/2021

What is Limited Liability? Catherine was a great baker. She sent all kinds of treats into school with her kids and to her spouse’s office. Her friends convinced her to start a bakery business out of her home. She branched out into catering. Eventually, things got so busy she hired some employees who could deliver food to va...

Terminology for Corporations and LLCs 01/25/2021

Terminology for Corporations and LLCs Most people know about shareholders, directors and officers: the functions in a corporation. Shareholders are the owners; directors make major decisions about the corporation; and the officers carry out the day-to-day operations. Think of a big publicly traded company. You buy shares of the Coca-Col...

Should I form an LLC or an S-Corp? 01/25/2021

Should I form an LLC or an S-Corp? This is one of the most common questions business attorneys get. Budding entrepreneurs spend a lot of energy on the business plan, marketing, website, sourcing supplies, and other tasks related to the business itself. They are intimidated by the legal aspects of their business. Over the next few wee...

Blessings in 2020 11/24/2020

Blessings in 2020 The world is heavy this Thanksgiving 2020. We are isolated and divided. The economy is shattering. And yet, I remain thankful. My family is safe and we are managing in the altered reality. I am still supported by a great team – Gaynor, Jennifer, Bob. I have continued to help small business owners....

11/29/2019

Legal Direction Legal Direction connects entrepreneurs and small businesses with lawyers knowledgeable in legal issues surrounding small business and the practical applications

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Durham, NC